Global Payout (OTC: GOHE), alongside wholly owned subsidiary
MTrac Tech Corp., this morning announced that its new pin debit system that has
been deployed and is now live in one of the initial merchants to sign on with
MTrac has considerably increased the amount of transactions processed through
the MTrac Platform. The new pin debit system developed by Cultivate
Technologies furthers MTrac’s mission to deliver seamless merchant processing
for high risk industries such as the cannabis sector. The company will continue
to monitor the first live test case of the new MTrac Platform over the coming
days and anticipates to rollout the system with three additional merchants by
the end of the week.
“We were extremely excited to see Cultivate’s enhancement to
the platform,” Global Payout CEO Vanessa Luna stated in the news release. “In
taking the first version of our MTrac Platform to market we discovered that
many merchants and users had noted the two-step process with the mobile app as
being somewhat cumbersome to use for simple merchant processing and we
immediately identified this crucial feedback as something we would need to
address in order to achieve the mass adoption of our platform with both the
merchants and consumers. The integration of the Pin Debit technology brought to
us by Cultivate has not only addressed this precise issue, but in my opinion
has solved it entirely and in the process has placed this company in the best
position it has ever been in to produce revenue.”
To view the full press release, visit http://ibn.fm/4abNU
About Global Payout, Inc.
From 2014 to 2017 Global focused on identifying new state of
the art technologies in a variety of industry sectors and successfully helped
launch MoneyTrac Technology Inc. and other companies within the FinTech space.
Global’s current focus is continuing to identify new business opportunities
while it reorganizes its future business endeavors. For more information, visit
the company’s website at www.GlobalPayout.com
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